Pinterest IPO: 4 Key Points From the Company's Financials [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
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Source: The Motley Fool
Pinterest IPO: 4 Key Points From the Company's Financials At the end of last week, Pinterest filed its S- form The company hasn't disclosed what it will price its shares at or how much it wants to raise from the offering, but did say that its shares will be listed on the New York Stock Exchange with the ticker PINS. The latest estimates, based on Pinterest's multiple rounds of funding, put the company's valuation at around $ billion. Pinterest had previously been targeting an IPO Image source: Pinterest. . Sales reached $7 million in 08 At the end of last year, the company generated $7 million in sales, an increase of 0% from 07. And from 07 to 08, the company's revenues increased by 8%. That's not meteoric growth, and it's certainly not the percentage growth that many investors expect from companies that are about to go public. Investors should take a look at how Pinterest is growing its revenue per user as well. The company's global average revenue per user reached $. in 08, a % jum
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